Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Interdigital Communication(IDCC) -- Ignore unavailable to you. Want to Upgrade?

To: moose100 who wrote (2600)	2/6/1999 4:40:00 PM
From: Sawtooth	Respond to of 5195

<<Do you have any idea when earning will be reported.>> Moose: hope you don't mind if I take a swing at that. Two i-net sources say 3/4/99. ...Tim

To: moose100 who wrote (2600)	2/7/1999 8:39:00 AM
From: Jim Lurgio	Respond to of 5195

Moose, Last year annual earnings were reported on March 4th or 5th so they must report on or before that date this year. 1st quarter ends March 31st so every company must report with in 45 days so they may have until April 15th for that. MK analyst is going with 72 cents for 98. As you know IDC estimated 72 to 75 cents. What I forgot was when it's year end companies are given an additional 30 days on top of the 45 for a total of 75 days. What most investors an even brokers don't know about reporting dates is this. If a company reports say 10 day after the quarter ends instead of taking the 30 they are allowed the next year they must report with in ten days. This prevents a company from giving earnings right away when it's good and holding back when it's bad. By Interdigital claiming it will be between 72 and 75 cents ,I think we can go with that. We have a good start in 1999 with 60 cents after taxes already so I think it was an execellent idea to take the recurring revenues they received and divert it to the last quarter of 1998. We have a great start and I'm confident it will continue and this will be a record year for licensing and alliance as well as B-CDMA sales starting up .